No doubt MI have a tough quarter but so far since I get it thru IPO. It never disappoint me. Good to keep monitoring or cycle the stock. Sometimes reading news from digitimes Taiwan that share some news on semiconductor industry or other semiconductor news will help enrich the knowledge when you need to be careful. So far everyone are busy expand and investing on semiconductor equipment due to the need of semiconductor is expanding onto automotive.
One thing for sure. Don’t listen to Gooshen. A cry baby who panic when share drop a few sen. He should go back focus on his Fpgroup. Since it still stuck under1.20 since Jul2020
Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.
The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest.
They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him.
They began to make a living out of getting Monkeys from the forest and selling it to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch.
Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic.
They went back to the forest, set up traps and caught the monkeys and got them to the rich man.
A few days later, the rich man announced he would pay 300 per monkey.
The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.
There were no Monkeys left in the forest!
One day, the rich man announced he would like to buy more monkeys – this time for 800 each.
The villagers couldn’t believe this. They were desperately trying to get more monkeys.
Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.
Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.
This is when the manager of the rich man stepped in.
He made an offer the villagers could not refuse.
Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.
“Sell them back to the rich man at 800 each when he comes back” the manager said.
The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money.
The villagers collected all their savings and even borrowed money.
There were long queues and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.
Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.
drop below 5 again?? u are talking like previous many times RM5 above. really noob hai..... when below 4 shout, below 5 still shout, below 4 to below 5 still again,, u totally failed in math.
Govt awards RM6.2 mil Smart Automation Grant to 66 SMEs, mid-tier companies KUALA LUMPUR (Feb 4): A total of 66 small and medium-sized enterprises (SMEs) and mid-tier companies have been awarded the Government's National Economic Recovery Plan (PENJANA) 2020 #SMART Automation Grant (SAG). In a statement today, the Malaysia Digital Economy Corporation (MDEC) said the grant, involving a total of RM6.2 million, was awarded to registered businesses in primarily traditional or non-technology activities from the services sector. MDEC chief marketing officer and head of digital investments and brand Raymond Siva said the outcome-based matching grant will assist these companies to accelerate automation and achieve productive results, such as increased revenues; savings in business costs; reduction of process time cycle and man-hours spent; and creating new sources of growth. “Each successful applicant had been allocated up to 50 per cent of their total project cost, subject to a limit of RM200,000, or whichever is the lowest, through this matching grant. This means the successful applicants will pay at least 50 per cent of the total cost of the digitalisation project and, subsequently, receive the remaining amount based on the achievements of the agreed milestone deliverables, he said. MDEC said the SAG, which was launched in July 2020, had been conceptualised as a matching grant for companies in the services sector to spur them towards automating their business processes and pursue full digitalisation. The grant allocated from the 2020 PENJANA initiative aims to drive these businesses towards kickstarting the implementation of digital processes and the use of technology tools that will automate their business operations,” it said. MDEC noted that all of the 66 approved SAG recipients come from all over Malaysia, including service providers from the wholesale and retail trade (30 per cent); general services (24 per cent); and professional services (14 per cent). The other sectors consist of transportation and storage, tourism, education, healthcare, food and beverage, financial and insurance, and real estate and construction. Since its unveiling, this initiative solely focused on enabling digital adoption among businesses, which is a central part of MDEC’s three strategic framework pillars, namely Digital Jobs, Digital Businesses and Digital Investments. The agency continues to set the foundation for SMEs and mid-tier companies to thrive in the Fourth Industrial Revolution era by focusing on empowering businesses at every level and in all sectors.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Olan69
46 posts
Posted by Olan69 > 2021-01-20 11:14 | Report Abuse
Still holding tight..